India and UAE Boost Renewable Energy Ties

By siliconindia  |  Friday, 15 March 2024, 11:08:29 AM IST

India and UAE Boost Renewable Energy Ties
The UAE-India Business Council (UIBC) and Nangia Andersen LLP unveiled a new report titled "Modern Energy: India-UAE Collaboration for a Sustainable Future" on March 6, 2024, at JW Marriott Juhu, Mumbai. The report focuses on the collaboration between India and the United Arab Emirates in the renewable energy sector, with the aim of fostering a sustainable future aligned with the United Nations Sustainable Development Goals.
The report serves as a comprehensive guide for companies interested in entering or expanding their operations in the renewable energy sector between the two countries. It highlights key policy frameworks and initiatives such as India's National Solar Mission and the UAE's Energy Strategy 2050, which play crucial roles in promoting the adoption of renewable energy.
"India and the UAE have emerged as strong advocates for a sustainable future through collaborative efforts and continuous innovation", stated Suraj Nangia, Managing Partner at Nangia Andersen LLP. Arindam Ghosh, Partner - Power Advisory at Nangia Andersen LLP, underscored the report's comprehensive overview of trade policies, investment opportunities, technological advancements, and economic synergies between India and the UAE.
Major Gen. (Retd.) Sharafuddin Sharaf, Chairman of UIBC, highlighted the report's significance in advancing renewable energy collaboration between India and the UAE, noting, "We are delighted to present the report at a time when the UAE-India relationship is at its best, and both economies are being recognized as shining stars in the global arena".
The release of "Modern Energy: India-UAE Collaboration for a Sustainable Future" represents a significant step in the shared journey of India and the UAE towards renewable energy development and a greener future.

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